Fortum’s subsidiary Uniper draws the KfW credit facility in full and requests an increase
FORTUM CORPORATION INVESTOR NEWS 29 AUGUST 2022 AT 14:11 EEST Fortum’s subsidiary Uniper has today announced (‘ad-hoc’) that the company’s liquidity position has further deteriorated due to ongoing gas curtailments and rapidly increasing energy prices. This has again increased Uniper’s liquidity and margining requirements over the last days. Uniper today drew down EUR 2 billion under its existing credit facility with the German state-owned KfW Bank, thereby utilising the EUR 9 billion facility in full. Furthermore, Uniper has requested an extension of the KfW credit facility by